Examlex
Regarding supplies,
High Quality
Reflecting a high level of excellence or superior standard in terms of durability, performance, or accuracy.
Low Quality
Describes products or services that do not meet the standard performance expectations or durability.
Equilibrium
A state in a market system where supply equals demand, and no economic forces are acting to change the price or quantity.
Lemons
Beyond its botanical context, refers to goods of subpar quality, particularly used in the context of the used-car market to describe vehicles with defects.
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